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Local News: Covid Case Count Surges, Hospitalisation Rate Improves

MEXICO
  • Mexico's Foreign Affairs Minister Marcelo Ebrard said he plans to make his own presidential bid amid early succession speculation as President Andres Manuel Lopez Obrador starts the final part of his six-year mandate.
    • Ebrard, one of Lopez Obrador's main advisers and Mexico's key diplomatic liaison with the U.S. government, said that while it was early to speculate on the 2024 general election, he would be ready to run for the country's top job. (BBG)
  • Banorte raised its inflation view for 2021 to 6.1% from 5.5%. Banks Citibanamex, Invex and Monex also raised their inflation forecasts in recent days to around 6%.
  • Mexico on Tuesday reported the biggest daily increase in new COVID-19 infections since February.
    • However, Deputy Health Minister Hugo Lopez-Gatell, said in a statement that in comparison to two earlier waves of infection, there were 75% fewer hospitalizations and deaths thanks to advances in vaccination.

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